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Fish & Chip Restaurant and Takeaway in Stratford Upon Avon, £239,950+SAV, 2-Bed Accommodation

Stratford upon Avon, Warwickshire
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Traditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon Avon Photo 1
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Traditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon AvonTraditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon Avon
  • Status

    FOR SALE

  • Date Submitted:

    20/03/23

  • Advert ID

    510331

  • Reference

    2846 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £169,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Traditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon Avon

Traditional Fish & Chip Restaurant & Takeaway Located In Stratford Upon Avon
Ratings / TripAdvisor 4.5 / Google 4.5 / Facebook 5.0
Two Bedroom Accommodation Above
Ref 2846

Location
This respected Fish & Chip Restaurant & Takeaway is located in highly desirable market town of Stratford Upon Avon. Positioned within a prominent and highly visible trading position on Ely Street which is just off the main high street. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Leasehold Asking Price: £169,000 plus SAV (1,000)

Business Description
Veritas Business sales are privileged to offer to the market this established Fish & Chip Restaurant & Takeaway which is located in the highly desirable town of Stratford Upon Avon. The business has been established for over 80 years and has been in the careful hands of the current owners for the past 2 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The Kingfisher is owner operated with the help of 1 full time and 3 part time members of staff and has an average weekly turnover of circa £7,500 per week. Approximately £1,000 per week comes via the online delivery portals Just Eat & Deliveroo and the remaining comes via the restaurant & takeaway. They serve a fine range of traditional fish & chips along with, chicken, pies, saveloy, burgers, sides, condiments and hot & cold drinks. All food is freshly prepared to order and can be enjoyed in the comfortable (32) seater restaurant or simply taken away.
We believe that there is further potential to increase revenue should you wish by extending the current opening times and opening on Mondays & Sundays. The restaurant enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Hours
Monday & Sunday – closed
Tuesday – Thursday – 12:00 – 2:00pm – 5.00pm – 9.00pm
Friday – 12:00 – 2:00pm – 5.00pm – 9.30pm
Saturday – 12:00 – 2:00pm – 5.00pm – 9.00pm

Leasehold
Term: 20 years
Remaining: 18 years
Rent: £21,500 pa
Business rates: zero
Council tax: £1,200 pa

Ground Floor
Takeaway comprising: 3 pan range (Frank Ford) with chip box, scraps box, 3 x warming cabinets, serve over sales counter, EPOS till, upright cold drinks chiller, 2 pot wet bain-marie, 6 menu boards, 2 x wall mounted shelves, griddle (Nisbets).
Preparation kitchen with stainless steel sink drainer, stainless steel prepping table with commercial tin opener, fat filtration machine (Aries 3), stainless steel wash basin, stainless steel sink, chipping area with potato chipper (Bold), potato peeler (Bold), stainless steel potato soak tub, upright fridge (Lowe), upright freezer (Polar), stainless steel freezer (Polar), fish fridge (Osborne), microwave (Panasonic), 2 x plastic chip bins and wall mounted paper towel dispenser, various chopping boards, kitchen utensils, trays and filleting knives.
Servery with plate warmer (Lincat), 4 slice toaster, hot water boiler (Marco), stainless steel work top with storage shelves below, cash register, various chopping boards, kitchen utensils, trays, filleting knives and door leading to the accommodation above. Potato storeroom.
Restaurant with table & chairs to cover (32), side entrance door with hallway and ceiling hatch to loft storage space. Gents W/C with wash basin, wall mounted mirror and wall mounted hand dryer.
Ladies W/C with wash basin wall mounted mirror and wall mounted hand dryer.

Basement
Storeroom with storage shelving units and chest freezer.

First Floor
Kitchen/diner with combination boiler (Vaillant).
Lounge.
Family bathroom with exit door to roof terrace with decking and outbuilding with double bedroom/storage.

Second Floor
Double bedroom with fitted wardrobes and built in storage cupboard.
Double bedroom with fitted wardrobes and built in storage cupboard.
Landing with storage area and ceiling hatch to loft space.
The accommodation benefits from gas fired central heating and located within a conservation area.

EPC Rating C

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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